freedom of contract Flashcards
1
Q
intro
A
parties free to enter contract of their choice agreement clearly sets out their rights and obligations
2
Q
offer+acceptance
A
2 parties freely enter an agreement they have knowledge of law avoids getting involved unless something goes wrong
3
Q
vitiating factors
A
misrep and economic duress - law makes contract void against idea of freedom no force freely agree
4
Q
implied terms
A
inserted into contract by law (cra) against idea of freedom but u could argue that the parties have the free will to enter the contract so it’s still there